Introduction

The client is one of  the world’s leading oilfield services providers. They have been energizing the world for about 90 years now. Starting from electricity to oil, they have been dominating the industry with their cutting-edge solutions for reservoir characterization, drilling, production, and processing. With a humble beginning in the 20th century, today they are operating in more than 120 countries.

Why did they choose Pluto7?

An error in the oil industry could cost millions of dollars which makes precision a  critical engineering aspect. Our client being the global leader in oilfield services was looking for someone who would build a scalable solution that can deliver drill bit recommendations with an accuracy that was never achieved before. Pluto7 being awarded as the Partner of the Year 2019 by Google for Data & Analytics brought their expertise and experience to solve this complex project to a confident conclusion. Our team has delivered many complex predictive analytics solutions for fortune 500 companies, therefore, the client looked at Pluto7  as the most reliable Google Cloud partner to help them generate accurate recommendations for the drill bit category and bit bomb numbers for any given site. 

Solution

Oil extraction is more complex than it seems. Earth’s crust is not uniform, it is made up of different types of rocks and drilling is not always done vertically, sometimes it becomes important that angular trajectories are adopted. As a result,  the extraction process is dynamic, pushing the team to use different drill bits – from the first impact to reaching the oil reserves. Each bit was categorized with bit number and bit category. These bits were differentiated on the basis of 80-90 features like the number of cutters in the bit. Given the amount of bit categories, the bit repository had a huge number of variants,  making it challenging to recognize and remember each of them.  

Pluto7’s team started by understanding the bit selection methodology that is used by field engineers. Additionally,  the data from different sources was centralized and cleaned  to train the model. Since the client was already on Google Cloud, the data was moved to BigQuery for running analysis. The goal of the project was to deliver accurate recommendations to the client with the set of required bits for a given time. The project was delivered with three approaches. 

In the first approach the bit category was suggested on the basis of data fed to the prediction model. Bit clusters were made to narrow down the focus so that accurate bit numbers could be identified. Second approach was created to deliver results on a more granular level by recommending the bit numbers. Finally the third approach was built  based on the historical activity, it gave suggestions on the basis of the most used drill bits in the past. Finally, a pipeline was built with these three models where the outcome of the preceding approach acted as input for the approach under observation. 

Results

The consistency and accuracy in the data was introduced after centralization. Three approaches were delivered to accurately recommend drill bits to site engineers, each approach giving a variation in the scope of recommendations. Visualizations and cluster representations of bit categories gave a better understanding of given formation data of any given site. 

Industry Manufacturing

Challenges

  • Selecting the drill bit was done manually which was not only time consuming but also exposed to human error and bias. human error.
  • Identifying the best drill category was a challenge for engineers as the drill repository was very extensive and was difficult to be memorised.
  • The data centralization and analysis was difficult given the inconsistency in data from multiple performance databases and bit design KPIs

Results

  • Drill bits recommendations were 30% more accurate.
  • The data analysis process data was normalized and could be trained with bit design data.
  • A pipeline was built to connect different recommendation models as per requirement.

Products Used

  • AI platform
  • Google Bigquery
  • Data Studio

Customer Success Stories

  • Success Story: Pluto7 optimized demand forecasting process for a leading data storage solutions provider

    Read more
  • Success Story: Pluto7 helped a leading American department store retail chain to accurately forecast demand patterns

    Read more
  • Success Story: Pluto7 helped Tacori migrate their entire data warehouse in a cost-effective way

    Read more

Talk to an Expert

Transform your business by leveraging the power of Machine Learning Artificial Intelligence, Analytics, and IoT solutions.

Contact Us